Glossary
Explore key crypto and blockchain terms to enhance your understanding of the industry.
Blockchain
A decentralized, distributed ledger that records transactions across many computers.
Smart Contract
Self-executing contracts with the terms of the agreement directly written into code.
DEX (Decentralized Exchange)
A peer-to-peer marketplace where transactions occur directly between crypto traders.
CEX (Centralized Exchange)
A cryptocurrency exchange operated by a centralized organization, which acts as an intermediary for trading.
Liquidity Pool
A collection of funds locked in a smart contract that provides liquidity for decentralized exchanges.
Market Cap
The total value of a cryptocurrency, calculated by multiplying its current price by the total circulating supply.
Fiat Currency
Government-issued currency that is not backed by a physical commodity like gold or silver.
Whale
An individual or entity that holds a large amount of cryptocurrency and has the power to influence the market.
Pump and Dump
A scheme where a cryptocurrency's price is artificially inflated before being rapidly sold off for profit.
Private Key
A secret code that allows users to access and manage their cryptocurrency holdings.
Public Key
A cryptographic code that enables users to receive cryptocurrency transactions.
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